STOCKS NEWS US-Wall St's "lost decade" has silver lining-analyst

21 Dec 2009

By: AFX

Stocks on the move Real-time Equity news U.S. stock market report 1023 ET 21Dec2009-Wall St's "lost decade" has silver lining. With the benchmark S&P 500 down about 10 percent for the last 10 years, U.S. investors are set to wrap up what would go down in history as the "lost decade" in terms of stock market returns, says Keith Springer, president of Capital Financial Advisory Services in Sacramento, California. Even so, it is probably the Japanese investors who have had more misfortune, he added. "We can be thankful that we are not sharing the experience of the Japanese investor, who is just finishing their second 'lost decade' in a row!," Springer said in a note. "Although the problems are similar with an aging population turning into net savers from net spenders, we do not believe that our problems are exactly the same as the Japanese."
 

Keith Springer is President of Capital Financial Advisory Services, a registered investment advisor, providing Wealth Management and Mortgage Consulting Services.  For more information on how to build and maintain a solid retirement plan, please contact Keith Springer at 916-925-8900 or Keith@KeithSpringer.com